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Three Most Important Indicators in Forex Trading?
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[QUOTE="moonchild, post: 333411, member: 57467"] When it comes to trading, there are a lot of indicators you can use to guage the market, while some are helpful most of them are full of bluff and they will mostly lead you on and blow your account afterwards, so keep that in your mind. 1: Price: The leading indicator is price and it shows you the high, open, low and close. 2: Volume: Volume basically shows you the amount of money or value that traders and institutions place on a particular currency/stocks etc. 3: Open Interest: This shows how relevant it is in the market, the higher the interest rate the more investors are likely to put their money and vice versa. [/QUOTE]
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Three Most Important Indicators in Forex Trading?
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